Australia Commercial Cooking Ovens Market revenue is projected to grow at a CAGR of 4.5% during 2023-2029

Electric commercial cooking ovens in terms of power type garnered the maximum revenue share in Australia Commercial Cooking Ovens Market – 6Wresearch

By power type, electric commercial cooking ovens segment dominated the market and the same segment will continue to dominate the market in the years to come on account of even heating which is ideal for baking and roasting. Additionally electric ovens produce fewer emissions and have a smaller environmental footprint compared to gas ovens and thereby contribute to the growth of electric ovens in Australia.

According to 6Wresearch, Australia Commercial Cooking Ovens Market revenue is projected to grow at a CAGR of 4.5% during 2023-2029. Food delivery is gaining popularity in the country with Australians spending an average of $60 on food delivery services per week an increase from $32 per week in the previous year. Furthermore, NSW residents are spending the most on food delivery services such as Uber Eats and Menulog roughly $72 per week on orders which is $20 per week more than those in Queensland and Western Australia. City dwellers are much more likely than rural residents to use food delivery services with 38.3 % of people living in the Capital Cities use meal delivery services an increase from 21.1% in early 2020 followed by Country Areas 24.1% population currently using meal delivery services an increase from 15.1% points in early 2020. With increasing number of online food delivery services, restaurants and food businesses are expected to experience increase demand for commercial cooking ovens as they enable to cook and prepare food in larger quantities, ensuring timely deliveries and maintaining food quality. Rising fast food popularity with KFC planning to open 12 new restaurants by 2024, US fast-food Flynn Restaurant Group expected to open 200 Wendy’s stores by 2034 offers a great potential for cooking ovens in commercial kitchens in the coming years.

According to Shubham Deep, Senior Research Analyst, 6Wresearch, in the forthcoming years, the online distribution channel would experience substantial growth in the Australia commercial cooking ovens industry on account of increasing population preferring e-commerce sites, seasonal sales.

The Australia Commercial Cooking Ovens Market (2023-2029) report provides an in-depth analysis with 17 figures and 10 tables, covered in 75 pages. The report comprehensively covers the market by number of trays, power, applications, and distribution channels. The report provides a detailed as well as unbiased analysis of the on-going drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per to the latest and future market dynamics.